PRU · 8-K · 20260804PR000170
Legacy Annuity Run-Off
PRUDENTIAL FINANCIAL INC · 2026-08-04 · Importance 43 · Surprise 32 · No source text
U.S. Legacy Products consists of traditional variable annuities with guaranteed living-benefit riders and other annuity products that are no longer being sold in U.S. markets. Net legacy annuity account values declined 7% year over year to $76 billion. The decrease was driven by net outflows as the block continued to run off, partly offset by market appreciation.
Key facts
- Net legacy annuities account values of $76 billion decreased 7% from the year-ago quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | realized | -0.7% | Net legacy annuities account values of $76 billion decreased 7% from the year-ago quarter. |